The Five Rules for Successful Stock Investing: Morningstar's Guide to Building Wealth and Winning in the Market,   ISBN:9780471686170

Customer Rating: 

Pat Dorsey brings you up to speed with sensible, concrete guidance to picking stocks. The investment style he presents is, of course, the sensible and research-driven version of value investing that Morningstar uses. While the book is easy to read, it is also packed with information. Even after the first read, you will find yourself going back to it as a handy reference. Strongly recommended for all but the most experienced investors.

Customer Rating: 

Well written in clear layman's terms. For a more complete help in putting together a strategy for investing would recommend a book on value investing and techinical analysis.

Customer Rating: 

i am a passive reader of other people's comments. After reading tens of books on investing and hundreds of comments on those books, i can't lurk anymore and say some good things about this book. Overall, i am a believer of fundamental analysis (FA) and the author should be in the same camp too. There are quite a few books on value investing. yet, this book offers the most transparent explanation on value investing, especially the chapter on valuation of stocks. In my belief, the DCF, though quite old-fashioned, is still the starting point for any valuation analysis. the author was able to demonstrate the concept in a concise and convincing way. He offered not only the rationale, methodology but also two examples to demonstrate how to calculate the intrinsic value. In my opinion, his method is superior to other perhaps handy or quick methods promoted by other value investing books. After all, cash is the king!

Customer Rating: 

This is a great book for all investors, not just value investors. Some people say that you are either a value investor or a growth investor. In reality, growth is a variable in determining value. This book teaches investors how to pick good stocks with economic moats, how to value them, when to buy, and when to sell them. Pat Dorsey is a great teacher of investing. His other book that I highly recommend is The Little Book That Builds Wealth: The Knockout Formula for Finding Great Investments (Little Books. Big Profits)

- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market

Customer Rating: 

This book covers everything you really need to know about investing. It's focused more on value investing but it will suffice for all long-term investors.